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20121001
20121009
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Search Results 0 to 34 of about 35 (some duplicates have been removed)
about what treatments are given. that's explicitly prohibited in the law. but let's go back to what governor romney indicated that under his plan he would be able to cover people with preexisting conditions. well actually, governor, that isn't what your plan does. what your plan does is to duplicate what's already the law which says if you are out of health insurance for three months than you can end up getting continuous coverage and an insurance company can't deny you if it's been under 90 days. but that's already the law. and that doesn't help the millions of people out there with preexisting conditions there's a why reason governor romney set up the plan that he did in massachusetts. it wasn't a government takeover of health care, it was the largest expansion of private insurance. but what it does say is that insurers, you've got to take everybody. now, that also means that you've got more customers. but when governor romney says he'll replace it with something but can't detail how it will be, in fact, replaced and the reason he set up the system he did in massachusetts was beca
of -- this happened about two years ago. she was working for a law firm. she now works in the attorney general's office. she essentially has brought over her work to file the same exact lawsuit on behalf of the new york attorney general at this time. eric snyderman is part of the obama have forced. the timing is a little suspicious. nonetheless, it is a little old at this point. we have a statement from jpmorgan. they say it relates to bear stearns. the complaint is entirely -- there were tumbleweeds rolling down the street with people bailing out. they took over bear stearns at this point in time. now they are being punished for it. they also say we are disappointed that the new york attorney general decided to pursue an action without an opportunity to rebut the claims. there is a lot of questions here about timing, about potential political motive. we will have the attorney general on "market now." the original charges are about to properly marketing the mortgage back securities. making them look like a are safer than what they are. it was one of the things that led to the financial crisis
, president obama's done a much better job in enforcing the trade laws than we've ever seen before. he's pushed china. he just won three cases. he won a case on pipe to put thousands of people back to work. he won a case of tires that put people back to work. and he just filed one on auto parts. look, mitt romney's talk is cheap. he'll go back to this -- he's working on currency. we're all working on currency. mitt romney will go back to the same paradigm that we had before. signing agreements that are good for wall street but not good for main street. >> even though this tax increase that we're about to see is going to increase taxes for anybody making more than $250,000. >> which tax increases you talking about? >> the fiscal cliff issue as we see the tax cuts expire at year end. >> well, the president said he wants to continue those tax breaks for people earning less than $250,000. it's the republicans that say no, we won't give anybody anything unless the millionaires and billionaires get their tax cut too. they don't need -- they need to pay their fair share. and we -- >> thanks,
for itself. the flagrant violations of law here, the misrepresentations to investors, the representation that they were doing were all a sham. we have internal documents reflecting that. we have substantial evidence. melissa: i think their argument for why that would be in the second statement for this date they acquired over the course of the weekend, this company at the hands of the u.s. company. they feel like they were forced to buy this company at a time the country's financial system was falling a part and in essence, no good deed goes unpunished. that is their argument. how do you respond to that? >> i have high regard for a lot of folks over there. with all due respect, they bought this company with a $29 billion taxpayer loan. if anything, i think the people, and most of america, feel like they were too few strings on the banks failed out by tarp. they know that acquired the assets and liabilities. we would send a terrible precedent if we said, phone, you know what, some people will get busted for material misrepresentation and fraud and some folks will get a pass. we cannot do
of financial industry. the regulation of the financial industry was all-time high. we had three new laws sarbanes-oxley, the patriot act, the privacy act, what we had was misregulation. what caused the financial crisis was the federal reserve in early 2000 trying to avoid a correction, made us all think we were wealthier than we are which caused us to overconsume. that ended up in housing, massive bubble in housing market. dagen: how much has the federal reserve created for the country just four years out, do you think? >> i think it's scary. it may work out, but we're going to be lucky. this really reminds me of the 60s and 70s. the lead time on inflation is long. and people don't realize that. by the way, qe 3 or all these qes are simply the federal reserve printing money. they like to make it obscure but all they are doing is printing money. dagen: thanks to former bb&t ceo john allison. scary is the operative word. connell: but a good interview. we have sir richard branson coming up in the hour, talking about when you should go to school or if you should skip class to start a company
. the current law doesn't do very much explicitly about health care costs. eventually somebody will have to reduce the volume of services or reduce the price of services. >> so what are you telling investors, buy hospital stocks, don't buy hospital stocks, by the good ones? how do the insurance companies fair? >> insurance companies win almost no matter what happens. so that's fine. >> there's medicaid advantage. >> right, medicaid, medicare. >> is there a head k medicaid advantage? >> medicaid hmos lose it if obamacare gets repealed because they're going to expand medicaid, as well. >> expand it greatly. and it's not block grants. a federal expansion. so what's your favorite stocks? >> my favorite stocks are the ones that are not that impacted by federal policy. united health, intuitive surgical. genetic analysis companies do well. but not completely unrelated to reform. and you can always go outside the u.s., too, if you want. so i guess you're not moving to france if about obama wins. >> alec baldwin didn't move, i'm not moving. we say things when we're upset and then we don't really
had been demonstrating against eu laws. he stood on one of the window lenls for more than 24 hours. he was complaining against an eu directive which would reform rules to licenses. operators have said the new rules threaten the jobs of some 600,000 resort workers. still to come, we talk shopping ahead of september retail sales data with a guest who says thrift may be the new bling. >>> european markets are trading town. we did see the green at the start of the show, but no longer the ftse down. same for the dax and cac. ibex held unreasonably well but also trading lower now. in the state, futures indicating a positive start to trade. just a few points higher for the s&p and nasdaq, the dow could open up by 30 points or so when trade gets under way there. on the agenda today in the u.s., weekly jobless claims out at 8:30 eastern, forecast to rise by 10,000. 10:00 a.m. brings august factor orders. expected to drop by 6%. at 2:00 the minutes from last month's fed meeting will be released. james bullard is in memphis, tennessee speaking about the economy and monetary policy. that's at 7:45
regulatory law that president obama signed in 2010. number three is enough who is winning the debate, and number four, big bird. touched off, of course, by mitt romney's pledge to pull federal subsidies for public television. people also wanted to know about the president's health care overhaul known as obama care. as well as the personal stats. and as for romney, his tax cut proposal got lots of hits, as did his bio, and, yet again, big bird. everyone, of course, is talking about the debate. they're also saying that there was a commanding performance by mitt romney. of course, the highlights, the commentary, and the spin, but we'll replay the entire debate from start to finish. we're not talking about talking points. we are talking about the candidates themselves in their own words. if you missed it, if you like to watch it again, decide to see for yourself. here's the first presidential debate between president barack obama and former massachusetts governor mitt romney. >> good evening from the magnus arena at the university of denver in denver, colorado. i welcome you to the first
that was not advancing the cause. that is how we signed a free- trade agreements into law. that is how we repealed don't ask don't tell.l that is how we ended the war in iraq, and that is how we will wind down the war in afghanistan. we have seen progress even under republican control of the house of representatives. part of being principled and part of being a leader is being able to describe exactly what it is you intend to do, not just saying "i'll sit down." occasionally you have to say no to people both in your own party and in the other party. yes, have we had some fights between me and the republicans when they fought against us reining in the excess against wall street? absolutely. that was a fight that needed to be had. about whether americans had more security with their health insurance, that was a fight we needed to have. part of leadership and governing is both saying what it is you are for and also being able to say no to some things. when it comes to his own party in the course of this campaign, he has not displayed the willingness to say no to some of the more extreme parts of his part
Search Results 0 to 34 of about 35 (some duplicates have been removed)